• AUD/USD likely to consolidate in Asia after closing 0.35% lower on Wednesday

• Struggles to hold above 0.6900 as bearish sentiment remains entrenched

• Fed Chair Warsh's comments taken in stride, focus on US payroll report Thu

• Warsh says inflation risks have eased but Fed to stick to inflation target

• Strong support at 0.6849-0.6863, 50% of Nov-May rally and 200-day MA

• More support at 0.6834 March low; resistance 0.6930, 0.6950

• Australia's May trade data due Thu; Wednesday range 0.6883-0.6921
AUD:

(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)